Feb 28, 16:00
Stocks Comprising The CNX NIFTY
History of CNX NIFTY
The CNX Nifty is a well diversified 50 stock index accounting for 22 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds.
CNX Nifty is owned and managed by India Index Services and Products Ltd. (IISL), which is a joint venture between NSE and CRISIL. IISL is India's first specialised company focused upon the index as a core product.
The CNX Nifty Index represents about 65.87% of the free float market capitalization of the stocks listed on NSE as on December 31, 2012.
The total traded value for the last six months ending December 2012 of all index constituents is approximately 50.23% of of the traded value of all stocks on the NSE.
Impact cost of the CNX Nifty for a portfolio size of Rs.50 lakh is 0.06% for the month December 2012.
CNX Nifty is professionally maintained and is ideal for derivatives trading.
From June 26, 2009, CNX Nifty is computed based on free float methodology.
Source : NSE
Stock Market Message Board
DID YOU INVEST?
Powerful mix of both trader and investor packs with timely expert advice.
Designed especially for traders looking to tap the profit opportunities of volatile markets.